Marathon Oil Corporation [MRO] is -59.50% lower this YTD. Is it still time to buy?

Marathon Oil Corporation [NYSE: MRO] gained 0.36% on the last trading session, reaching $5.50 price per share at the time. The company report on November 5, 2020 that Marathon Oil Reports Third Quarter 2020 Results.

Significant Free Cash Flow through Differentiated Capital Efficiency.

Marathon Oil Corporation (NYSE:MRO) reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect comparability of results. The adjusted net loss was $219 million, or $0.28 per diluted share. Net operating cash flow was $345 million, or $352 million before changes in working capital.

Marathon Oil Corporation represents 790.00 million in outstanding shares, while the company has a total market value of $4.14 billion with the latest information. MRO stock price has been found in the range of $5.21 to $5.54.

If compared to the average trading volume of 27.95M shares, MRO reached a trading volume of 31116939 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Marathon Oil Corporation [MRO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRO shares is $6.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRO stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Northland Capital have made an estimate for Marathon Oil Corporation shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 14, 2020. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Neutral. The new note on the price target was released on August 05, 2020, representing the official price target for Marathon Oil Corporation stock.

The Average True Range (ATR) for Marathon Oil Corporation is set at 0.31, with the Price to Sales ratio for MRO stock in the period of the last 12 months amounting to 1.19. The Price to Book ratio for the last quarter was 0.40. Price to Free Cash Flow for MRO in the course of the last twelve months was 6.97 with Quick ratio for the last quarter at 1.20.

Trading performance analysis for MRO stock

Marathon Oil Corporation [MRO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.48. With this latest performance, MRO shares gained by 38.19% in over the last four-week period, additionally sinking by -7.56% over the last 6 months – not to mention a drop of -53.31% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRO stock in for the last two-week period is set at 69.16, with the RSI for the last a single of trading hit 74.89, and the three-weeks RSI is set at 64.27 for Marathon Oil Corporation [MRO]. The present Moving Average for the last 50 days of trading for this stock 4.37, while it was recorded at 5.19 for the last single week of trading, and 5.57 for the last 200 days.

Marathon Oil Corporation [MRO]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Marathon Oil Corporation [MRO] shares currently have an operating margin of +10.53 and a Gross Margin at +23.70. Marathon Oil Corporation’s Net Margin is presently recorded at +9.48.

Return on Total Capital for MRO is now 3.00, given the latest momentum, and Return on Invested Capital for the company is 2.71. Return on Equity for this stock inclined to 3.95, with Return on Assets sitting at 2.31. When it comes to the capital structure of this company, Marathon Oil Corporation [MRO] has a Total Debt to Total Equity ratio set at 46.98. Additionally, MRO Total Debt to Total Capital is recorded at 31.96, with Total Debt to Total Assets ending up at 28.20. Long-Term Debt to Equity for the company is recorded at 46.14, with the Long-Term Debt to Total Capital now at 31.40.

Reflecting on the efficiency of the workforce at the company, Marathon Oil Corporation [MRO] managed to generate an average of $240,000 per employee. Receivables Turnover for the company is 4.60 with a Total Asset Turnover recorded at a value of 0.24.Marathon Oil Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Marathon Oil Corporation [MRO]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Marathon Oil Corporation posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -30.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MRO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marathon Oil Corporation go to -11.06%.

An analysis of insider ownership at Marathon Oil Corporation [MRO]

There are presently around $2,961 million, or 72.20% of MRO stock, in the hands of institutional investors. The top three institutional holders of MRO stocks are: VANGUARD GROUP INC with ownership of 75,499,955, which is approximately -14.322% of the company’s market cap and around 0.28% of the total institutional ownership; HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, holding 63,432,211 shares of the stock with an approximate value of $348.88 million in MRO stocks shares; and STATE STREET CORP, currently with $283.92 million in MRO stock with ownership of nearly 4.426% of the company’s market capitalization.

Positions in Marathon Oil Corporation stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 221 institutional holders increased their position in Marathon Oil Corporation [NYSE:MRO] by around 60,523,896 shares. Additionally, 269 investors decreased positions by around 90,664,153 shares, while 117 investors held positions by with 387,126,217 shares. The mentioned changes placed institutional holdings at 538,314,266 shares, according to the latest SEC report filing. MRO stock had 55 new institutional investments in for a total of 3,017,911 shares, while 90 institutional investors sold positions of 11,544,368 shares during the same period.

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